HIGH-GRADE NI-CU-PT-PD-ZN-CR-AU-V-TI DISCOVERIES IN THE "RING OF FIRE"

NI 43-101 Update (September 2012): 11.1 Mt @ 1.68% Ni, 0.87% Cu, 0.89 gpt Pt and 3.09 gpt Pd and 0.18 gpt Au (Proven & Probable Reserves) / 8.9 Mt @ 1.10% Ni, 1.14% Cu, 1.16 gpt Pt and 3.49 gpt Pd and 0.30 gpt Au (Inferred Resource)

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Message: News - Hoov may we have your take on the matter? eom

"Larger investors will take time to absorb details and ask questions but a number may see a stalled share price tomorrow and just 'exit'. While one can see speculative reasons to stay and add more shares we have to wait and see if this is how the overall market reacts."

It strikes me that these groups already entered on a somewhat speculative basis. Now they actually have more value added to their plate. I don't see the reason for exiting as you describe. If they are in the market and not aware of how manipulation works along with typical market responses, I would be surprised that they are allowed to carry the responsibility that they do. Given that they also have the after hours to pick up the phone and ask their sources what this means, I would be surprised to see them respond in the way you describe.... but I guess we'll see.

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